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Report: Companies Are Better Off Dropping Insurance Under Obamacare

pdoyle Wrote: Jul 23, 2012 3:42 PM

Yeah, like access to education, worker safety laws, Social Security, Medicare, worker's rights, ending slavery (Yes, Lincoln was Republican, but they were not the conservative party then - just pro-business), freedom, democracy (both liberal ideas in their day), free speech, the second amendment (more than liberal, it was RADICAL). Yeah liberals have certainly screwed the pooch.

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Report: Companies Are Better Off Dropping Insurance Under Obamacare

Here's further proof that "Patient Protection and Affordable Care Act" was a grand misnomer: the House Ways and Means Committee has released a report revealing that the healthcare reform law provides financial incetives for companies to drop insurance coverage. The employer mandate -- requiring that companies with over 50 employees either offer insurance of a certain value or pay a fine -- actually makes it cheaper for these companies to pay the fine.

The promise that you can keep your plan if you like it? Well...that's not up to you, is it?